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Ken Lewis Retiring: Sources; Bank Of America CEO To Step Down By End Of 2009

AP | STEVENSON JACOBS | Posted 05.25.2011 | Business

NEW YORK — Ken Lewis, the embattled CEO of Bank of America Corp., is leaving the company, succumbing to nearly a year of strife that followed hi...

Do Corporate Fines and Punitive Damage Awards Serve Their Purpose?

Judge H. Lee Sarokin | Posted 05.25.2011 | Business
Judge H. Lee Sarokin

Pfizer agreed to pay $2.3 billion to settle fraud claims regarding its marketing practices -- the largest criminal fine of any kind ever. But it's the shareholders, and not the corporate officers, who will be punished.

AFSCME Urges Say-on-Pay for Shareholders

Gerald McEntee | Posted 05.25.2011 | Politics
Gerald McEntee

A key step to fixing our economy is making sure that the interests of shareholders and stakeholders are considered in corporate board rooms.

The Rise Of The Shareholder: Washington Post

Washington Post | Anne Kates Smith | Posted 05.25.2011 | Business

Count on it: This proxy season, investors will not be shy about giving company management a piece of their mind. ...

The Free Market's Marked Men, From The Niger Delta To The Amazon

Amy Goodman | Posted 05.25.2011 | World
Amy Goodman

Ken Saro-Wiwa's family and others just won a landmark settlement in U.S. federal court, ending a 13-year battle with Shell Oil. Alberto Pizango's ordeal is just beginning.

Unsure How to Vote Your Exxon Mobil, Chevron and Other Proxy Ballots?

Kim Cranston | Posted 05.25.2011 | Politics
Kim Cranston

See how organizations and people you trust, like Ed Begley, Jr., Ceres, Pride Foundation, Responsible Endowments Coalition, recommend you vote and why.

Wall Street's Mad Dash for Trash

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

The market bottom, contrary to renewed market enthusiasm stemming from the recent rally, still remains a long way off.

Cuomo: Is Chevron Misleading Shareholders?

Michael Brune | Posted 05.25.2011 | Green
Michael Brune

For nearly 16 years, Chevron has been fighting a landmark oil pollution lawsuit brought by more than 30,000 residents from rainforest communities in Ecuador.

Swine Flu Found on Wall Street

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

Hedge funds are often unstable. One bad year, and investors pull their capital. A few bad "marks," and lenders make margin calls.

Creating Shared Value

Peter Brabeck-Letmathe | Posted 05.25.2011 | Business
Peter Brabeck-Letmathe

If you fail to work on behalf of the public interest and take shortcuts that place the public at risk, you also will fail your shareholders.

It's Up to the Shareholders, Not the Government, to Demand Change at a Company

Carl Icahn | Posted 05.25.2011 | Business
Carl Icahn

For too long and for a variety of reasons, shareholders have been complicit in allowing management excesses and incompetence by not taking a stand.

The Right Way to Icahn-Proof Your Board

Carl Icahn | Posted 05.25.2011 | Business
Carl Icahn

I await Corporate Board Member magazine's upcoming article, "How to Icahn-proof your board," with keen interest, particularly since I serve on a number of boards that apparently failed in this regard.

Not All Lobbyists Are Created Equal: The Current Energy Bills

Frances Beinecke | Posted 05.25.2011 | Green
Frances Beinecke

I am an environmental advocate. Sometimes I travel to D.C. to lobby on behalf of issues NRDC cares about. Big Oil companies dispatch lobbyists to the Hill as well. Does that make us equals?

Fannie and Freddie Symptoms of Larger Problem

The Real News | Posted 05.25.2011 | Business
The Real News

Chief economist at the AFL-CIO Ron Blackwell believes that while bailing out Fannie and Freddie is important, politicians shouldn't lose sight of the broader economic crisis.

Wal-Mart's Dog and Pony Show

David Nassar | Posted 05.25.2011 | Business
David Nassar

Wal-Mart's abandonment of founder Sam Walton's own beliefs that have led them to become such a distasteful presence to an increasing number of communities and shoppers.

Washington Mutual Close To Securing $5 Billion From Investors

Reuters Via CNBC | Posted 05.25.2011 | Business

U.S. private equity firm TPG and other investors are near a deal to invest around $5 billion in U.S. thrift Washington Mutual, a source familiar with ...

What About Main Street?

Washington Independent | Mary Kane | Posted 05.25.2011 | Business

Now that JPMorganChase has raised its bid for Bear Stearns, angry shareholders seemed to have calmed down and Wall Street isn't as worried that the in...

While Shareholders Weep, Wall Streeters Bag $38 Bil In Bonuses

Bloomberg | Christine Harper | Posted 05.25.2011 | Business

Shareholders in the securities industry are having their worst year since 2002, losing $74 billion of their equity. That won't prevent Wall Street fro...